In an alleged financial fraud that has ensnared Orthodox Jewish investors from New York to Florida to London, a Lakewood, N.J., businessman is accused of bilking them out of more than $200 million through phony real estate deals, according to complaints made in multiple lawsuits across the country.

(Posted Tuesday, Dec. 29, 5:45 p.m.) In an alleged financial fraud that has ensnared Orthodox Jewish investors from New York to Florida to London, a Lakewood, N.J., businessman is accused of bilking them out of more than $200 million through phony real estate deals, according to complaints made in multiple lawsuits across the country.

(Posted Tuesday, Dec. 29, 5:45 p.m.) In an alleged financial fraud that has ensnared Orthodox Jewish investors from New York to Florida to London, a Lakewood, N.J., businessman is accused of bilking them out of more than $200 million through phony real estate deals, according to complaints made in multiple lawsuits across the country.